“For many years health insurance costs have been skyrocketing and today we have taken a big step toward addressing this problem while keeping intact core protections for those Americans with pre-existing health conditions, ensuring sick people do not lose their coverage, and allowing young people to stay on parents’ policies,” said Congressman Posey. “For many Americans, Obamacare has resulted in more expensive health insurance plans with fewer options. This cannot continue and it’s unfair to expect workers and families to pay thousands a month in premiums with no other choices and no relief in sight.

“The American Health Care Act will mean that people will no longer be forced to purchase insurance, but they will have greater, more affordable choices. The bill repeals most of Obamacare’s tax increases, creates a new refundable tax credit for health insurance purchases, and allows states to offer more health insurance choices. It also applies to Members of Congress and Congressional staff – there will be no exemptions for Congress.

“While it’s not perfect, the American Health Care Act reverses the downward spiral of Obamacare.”